Post #2025 by Steve203 on the Macroeconomic Trends and Risks board

Personal Finance Topics / Macroeconomic Trends and Risks ❤

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I just can't understand why investors would invest in (or lend money to) a company that would invest in crypto currencies.

I would expect the company would "invest" in crypto, for the same reason it engages in other forms of financial manipulation, like round trip trades, stock buybacks, and using a lot of leverage: to juice their short term profits, to juice the price of the stock. So, shareholders would want a piece of that rising stock price, that is juiced by financial manipulation. It all works great, everyone makes a lot of money, until it doesn't.

Steve

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